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Grupo Aeroportuario del Centro Norte SAB de CV Class B (GAERF)
OTHER OTC:GAERF
Earnings Data
Report Date
Jul 29, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.19Last Year’s EPS
0.18Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 28, 2025
|% Change Since: 15.86%
|Next Earnings Date:Jul 29, 2025
Earnings Call Sentiment|Positive
The earnings call presents a positive outlook with significant growth in passenger traffic and revenues, strong financial performance, and strategic expansion through new routes. However, challenges such as decreased construction revenues and rising costs, along with future capacity uncertainties, pose potential concerns.Company Guidance
During the first quarter of 2025, Grupo Aeroportuario del Centro Norte (OMA) reported a robust increase in passenger traffic, totaling 6.4 million passengers, representing a 9.1% year-over-year growth. This was driven by a 13.4% increase in seat capacity and marked increases in both domestic (8%) and international (15.1%) passenger traffic. Notably, Monterrey Airport was a significant contributor with notable route expansions. Aeronautical revenues grew by 13.8%, while commercial revenues saw a double-digit growth, with commercial revenue per passenger up by 13% to Ps.66, fueled by VIP lounges, restaurants, and retail. Diversification revenues rose by 22%, largely due to OMA Carga and industrial services. The company reported a first-quarter adjusted EBITDA of Ps.2.4 billion, with a margin of 74.9%. Additionally, capital expenditures for the quarter amounted to Ps.502 million, and a Ps.4.5 billion cash dividend was approved during the 2025 Annual Shareholders Meeting.Passenger Traffic Growth
OMA's passenger traffic totaled 6.4 million passengers in Q1 2025, a 9.1% increase year-over-year. Domestic passenger traffic grew by 8%, while international passenger traffic increased by 15.1%.
New Route Launches
16 new routes were launched during the first quarter, including 5 international routes, enhancing connectivity.
Financial Performance
Aeronautical revenues increased by 13.8%, and commercial revenues saw a strong double-digit growth with a 13% increase in commercial revenue per passenger. Overall revenues grew by 15.6% to Ps.3.1 billion.
Adjusted EBITDA Growth
OMA's adjusted EBITDA increased by 16% to Ps.2.4 billion, with an adjusted EBITDA margin of 74.9%.
Dividend Declaration
A Ps.4.5 billion cash dividend was declared and approved at the 2025 Annual Shareholders Meeting.
Strong Balance Sheet
OMA ended the quarter with a net debt to adjusted EBITDA ratio of 1.0x, maintaining a strong financial position.
Grupo Aeroportuario del Centro Norte SAB de CV (GAERF) Earnings, Revenues Date & History
GAERF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GAERF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2025 | $10.78 | $10.45 | -3.06% |
Feb 24, 2025 | $9.65 | $9.34 | -3.21% |
Oct 24, 2024 | $7.66 | $7.77 | +1.44% |
Jul 25, 2024 | $8.18 | $8.15 | -0.37% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Grupo Aeroportuario del Centro Norte SAB de CV Class B (GAERF) report earnings?
Grupo Aeroportuario del Centro Norte SAB de CV Class B (GAERF) is schdueled to report earning on Jul 29, 2025, TBA Not Confirmed.
What is Grupo Aeroportuario del Centro Norte SAB de CV Class B (GAERF) earnings time?
Grupo Aeroportuario del Centro Norte SAB de CV Class B (GAERF) earnings time is at Jul 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GAERF EPS forecast?
GAERF EPS forecast for the fiscal quarter 2025 (Q2) is 0.19.